One Nation will call on the government to take equity in major offshore energy developments and scrap a tax on petroleum.

One Nation will call on the government to take equity in major offshore energy developments and scrap a tax on petroleum.

The federal government would acquire a 30 per cent equity stake in Australia’s “miracle” new gas ventures under One Nation, in a Norway-inspired proposal.

The One Nation leader wants a flat royalty on the production of new gas projects.